【XEMJPY】NEM entered an endless Turkish lira state

Nenm fell below the low of 11.67 yen recorded in December 2017. Since today's closing price has not been finalized yet, it may just be a temporary fluctuation. However, if it falls further below this level, there will be no more support candidates. This is similar to the Turkish lira in FX charts, where the absence of support is believed to prevent a halt to the decline, reflecting participant psychology.

In the current situation where the support has broken, will investors view it as undervalued and buy the dip, or will they see further downside potential? It is a difficult situation for investors.